Southwest Minnesota State University

www.smsu.edu/

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2021 Undergraduate Tuition

$8,230

5.01% growth from 2020

2021 Average Net Price

$14,061

After Financial Aid

2019 Student Loan

1.67%

Default Rate

2021 Acceptance Rate

91%

1,672 Applicants

2021 Enrolled Students

6,986

26.8% Full-Time

2021 Graduation Rate

46.6%

207 Graduates

About

Southwest Minnesota State University is a higher education institution located in Lyon County, MN. In 2021, the most popular Masters Degree concentrations at Southwest Minnesota State University were General Education (105 degrees awarded), General Business Administration & Management (50 degrees), and Physical Education Teaching & Coaching (9 degrees).

In 2021, 663 degrees were awarded across all undergraduate and graduate programs at Southwest Minnesota State University. 69.4% of these degrees were awarded to women, and 30.6% awarded men. The most common race/ethnicity group of degree recipients was white (515 degrees), 12.9 times more than then the next closest race/ethnicity group, black or african american (40 degrees).

The median undergraduate tuition at Southwest Minnesota State University is $8,230, which is $−14,954 less than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at Southwest Minnesota State University is $8,230, which is $−14,954 less than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $14,061.

In 2021, 23% of undergraduate students attending Southwest Minnesota State University received financial aid through grants. Comparatively, 15% of undergraduate students received financial aid through loans.

Tuition Costs

$8,230

2021 Undergraduate Tuition

In 2021, the cost of tuition at Southwest Minnesota State University was $8,230. The cost of tuition at Southwest Minnesota State University is $−14,954 less than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

This chart compares the tuition costs of Southwest Minnesota State University (in red) with those of other similar universities.

Average Net Price

$14,061

2021 Value

1.95%

1 Year Growth

In 2021 Southwest Minnesota State University had an average net price — the price paid after factoring in grants and loans — of $14,061. Between 2020 and 2021, the average net price of Southwest Minnesota State University grew by 1.95%.

This chart compares the average net price of Southwest Minnesota State University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$8,642

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Southwest Minnesota State University was of $8,642 in 2021. The cost of room and board increased by 4.4% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Southwest Minnesota State University (in red) with that of similar universities.

Financial Aid by Income Level

23%

Undergraduates Receiving Financial Aid through Grants

15%

Undergraduates Receiving Financial Aid through Loans

23% of undergraduate students at Southwest Minnesota State University received financial aid through grants or loans in 2021. This represents a decline of 8% with respect to 2020, when 25% of undergraduate students received financial aid.

This chart compares the average award discount at Southwest Minnesota State University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

1.67%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Southwest Minnesota State University was 1.67%, which represents 12 out of the 719 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Southwest Minnesota State University received 1,672 undergraduate applications in 2021, which represents a 9.91% annual growth. Out of those 1,672 applicants, 1,522 students were accepted for enrollment, representing a 91% acceptance rate.

There were 6,986 students enrolled at Southwest Minnesota State University in 2021. 7% of first-time enrollees submitted SAT scores with their applications.

Southwest Minnesota State University has an overall enrollment yield of 27.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

91%

Acceptance Rate in 2021

1,522

Accepted Out of 1,672

In 2021, the undergraduate acceptance rate of Southwest Minnesota State University was 91% (1,522 admissions from 1,672 applications). This is higher than the acceptance rate of 2020, which was 80.6%. Between 2020 and 2021, the number of applicants grew by 9.91%, while admissions grew by 1.74%..

This chart compares the acceptance rate of Southwest Minnesota State University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

Submission Percentage (2020)

Scores Submitted (2020)

7% of enrolled first-time students at Southwest Minnesota State University in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Southwest Minnesota State University had a total enrollment of 6,986 students in 2021. The full-time enrollment at Southwest Minnesota State University is 1,875 students and the part-time enrollment is 5,111. This means that 26.8% of students enrolled at Southwest Minnesota State University are enrolled full-time.

The enrolled student population at Southwest Minnesota State University, both undergraduate and graduate, is 79.7% White, 4.85% Hispanic or Latino, 3.22% Black or African American, 2.95% Two or More Races, 1.93% Asian, 0.286% American Indian or Alaska Native, and 0.143% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Southwest Minnesota State University in full-time Undergraduate programs are most commonly White Female (43.1%), followed by White Male (25.5%) and Black or African American Male (5.09%). Students enrolled in full-time Graduate programs are most commonly White Female (57.8%), followed by White Male (20.4%) and Hispanic or Latino Female (2.22%).

Full-Time vs Part-Time Enrollment

26.8%

Full-Time Enrollment

The total enrollment at Southwest Minnesota State University in 2021, both undergraduate and graduate, is 6,986 students. The full-time enrollment at Southwest Minnesota State University is 1,875 and the part-time enrollment is 5,111. This means that 26.8% of students enrolled at Southwest Minnesota State University are enrolled full-time compared with 68.3% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Southwest Minnesota State University (in red) compares to similar universities.

Retention Rate over Time

63%

2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Southwest Minnesota State University was 63%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Southwest Minnesota State University had a retention rate lower than its peers.

This chart shows the retention rate over time at Southwest Minnesota State University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
5,569 enrolled students
Hispanic or Latino
339 enrolled students
Black or African American
225 enrolled students

The enrolled student population at Southwest Minnesota State University is 79.7% White, 4.85% Hispanic or Latino, 3.22% Black or African American, 2.95% Two or More Races, 1.93% Asian, 0.286% American Indian or Alaska Native, and 0.143% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 52% White, 16.9% Hispanic or Latino, and 12.8% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 309 students (4.42%) did not report their race.

Graduates

In 2021, 257 more women than men received degrees from Southwest Minnesota State University. The most common race/ethnicity group of degree recipients at Southwest Minnesota State University is white (515 degrees awarded). There were 12.9 times more white recipients than the next closest race/ethnicity group, black or african american (40 degrees).

The most common Masters Degree concentration at Southwest Minnesota State University is General Education (105 degrees awarded), followed by General Business Administration & Management (50 degrees) and Physical Education Teaching & Coaching (9 degrees).

In 2021, the most specialized majors across all degree types at Southwest Minnesota State University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are EDUCATION. (255 degrees awarded), Parks, Recreation, & Leisure (48 degrees), and Agriculture (16 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Southwest Minnesota State University are Elementary & middle school teachers (1,757,741 people), Secondary school teachers (505,965 people), Education administrators (302,760 people), Postsecondary teachers (204,193 people), and Other managers (202,624 people).

The most specialized majors at Southwest Minnesota State University in 2021 are EDUCATION. (255 degrees awarded), Parks, Recreation, & Leisure (48 degrees), Agriculture (16 degrees), History (10 degrees), and English (10 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Southwest Minnesota State University are Surgeons, Diagnostic medical sonographers, Magnetic resonance imaging technologists, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Southwest Minnesota State University are EDUCATION. (255 degrees awarded), Parks, Recreation, & Leisure (48 degrees), Agriculture (16 degrees), History (10 degrees), and English (10 degrees) (as of 2021).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Southwest Minnesota State University are Elementary & secondary schools (3,011,009 people), Colleges, universities & professional schools, including junior colleges (440,191 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (215,044 people), Legal services (158,697 people), and Computer Systems Design (127,797 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Southwest Minnesota State University.

Most Common (2021)

Registered Nursing
80 degree-majors awarded
Kinesiology & Exercise Science
41 degree-majors awarded
Elementary Education & Teaching
37 degree-majors awarded

In 2021, the most common bachelors degree concentration at Southwest Minnesota State University was Registered Nursing with 80 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Southwest Minnesota State University according to their major.

Sex Breakdown for Common Majors

203

Degrees Awarded to Men

in 2021

460

Degrees Awarded to Women

in 2021

In 2021, 203 degrees were awarded to men at Southwest Minnesota State University, which is 0.441 times less than the number of degrees awarded to females (460).

This chart displays the sex disparity between the top 5 majors at Southwest Minnesota State University by degrees awarded.

Most Common Male Majors

In 2021, 39 degrees were awarded to men at Southwest Minnesota State University in General Business Administration & Management, which is 1.03 times more than the 38 female recipients with that same degree.

Most Common Female Majors

In 2021, 93 degrees were awarded to men at Southwest Minnesota State University in General Education, which is 5.47 times more than the 17 male recipients with that same degree.

Time to Complete

35%

100% Completion Time

49%

150% Completion Time

In 2021, 35% of students graduating from Southwest Minnesota State University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 49% completed their degrees within 150% of the normal time, and 50% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (54.6%)

The student demographic with the highest graduation rate in 2021 at Southwest Minnesota State University is Female and White (54.6% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 2.9% of graduates (6 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
515 degrees awarded
Black or African American
40 degrees awarded
Hispanic or Latino
19 degrees awarded

The most common race/ethnicity at Southwest Minnesota State University is white (515 degrees awarded). There were 12.9 times more white recipients than the next closest race/ethnicity group, black or african american (40 degrees).

1.21% of degree recipients (8 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
383 degrees awarded
White Male
132 degrees awarded
Black or African American Female
22 degrees awarded

The most common race/ethnicity and sex grouping at Southwest Minnesota State University is white female (383 degrees awarded). There were 2.9 times more white female recipients than the next closest race/ethnicity group, white male (132 degrees).

Operations

Southwest Minnesota State University has an endowment valued at nearly $16.3M, as of the end of the 2021 fiscal year. The return on its endowment was of 101k (0.621%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Southwest Minnesota State University had a total salary expenditure of 55.8M. Southwest Minnesota State University employs 44 Professors, 28 Associate professors and 26 Assistant professors. Most academics at Southwest Minnesota State University are Male Professor (25), Female Professor (19), and Female Assistant professor (18).

The most common positions for non-instructional staff at Southwest Minnesota State University are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 38 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 29 employees, and Service with 24 employees.

Endowment

$16.3M

2021 Endowment

12.7%

growth from 2020

Southwest Minnesota State University has an endowment valued at about $16.3M, as of the end of the 2021 fiscal year. The endowment of Southwest Minnesota State University grew 12.7% from the previous year. The value of their endowment was $34.2M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Southwest Minnesota State University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

Salary Expenditure

$26M

2021 Salaries

1.42%

growth from 2020

In 2021, Southwest Minnesota State University paid a median of $26M in salaries, which represents 46.6% of their overall expenditure ($55.8M) and a 1.42% growth from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Instructional Salaries

$8.57M

Instructional Salaries

100

Number of Employees

In 2021, Southwest Minnesota State University paid a total of $8.57M to 100 employees working as instructors, which represents 33% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

Occupations by Share

Professor

Most Common Instructor

44 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

38 Employees

In 2021, the most common positions for instructional staff at Southwest Minnesota State University were Professor with 44 employees, Associate professor with 28 employees, and Assistant professor with 26 employees.

In 2021, the most common positions for non-instructional staff at Southwest Minnesota State University were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 38 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 29 employees, and Service with 24 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Professor
Female Assistant professor

In 2021, the most common demographic for instructional staff at Southwest Minnesota State University was Male Professor with 25 employees, Female Professor with 19 employees, and Female Assistant professor with 18 employees.

This chart shows the sex split between each academic rank present at Southwest Minnesota State University.